Articles by Francesca Veronesi
Parquest, Amundi buy Eduservices in SBO
GPs buy minority stakes in the France-based post-secondary-education group Eduservices
Bain Capital Venture et al. invest $70m in Mirakl
Round is led by new investor Bain Capital Venture and sees historical backers recommit
LBO France buys Moustache Bikes in €150m deal
Initiative & Finance sells its 55% stake acquired in 2015 and reaps 10x money
Waterland to sell Verbraeken to Andera – report
Sale values the business at more than €100m, according to Belgian publication De Tijd
Eurazeo's Europcar buys Scandinavian franchises
Transaction marks fourth and fifth national franchises acquired by Europcar Mobility Group
Triton and ADIA carve out IFCO in $2.51bn deal
Triton and Abu Dhabi sovereign wealth fund buy IFCO plastic containers business from Brambles
IK’s Colisée bolts on Armonea Group
Combined group could generate revenues of €1bn and host 26,800 residents
Large-cap deals turbo-boost Benelux buyout market
Deals valued at more than €500m reached a post-crisis peak last year, even setting aside Carlyle's €10bn AkzoNobel carve-out
IK buys majority stake in Eres
IK Investment buys France-based Eres in a €230-240m deal via the €1.85bn IK VIII vehicle
Bridgepoint buys minority stake in Bee2link
GP uses £600m Bridgepoint Development Capital III fund to invest in France-based Bee2link
Essling holds €100m first close for Essling Expansion
Fund has completed its first investment, backing medical software specialist Evolucare
Essling invests €16m in Evolucare Group
GP invests in the software company via Essling Expansion, a fund that recently held a first close
Hi Inov holds first close for Hi Inov 2 on €90m
Series-A specialist also partners with Axeleo Capital for expansion into seed transactions
Chequers, TCR sell Thermocoax to trade in €158m deal
TCR has been an investor in heating technology specialist Thermocoax since 2000
Riverside backs E&A Scheer MBO
GP buys Rum blending specialist E&A Scheer while Blackrock and Rabobank provide financing
Idinvest et al. inject €25m in Malt series-B
VCs Serena and Isai re-up, having previously backed the €5m series-A in 2016
Ardian’s Revima completes two bolt-ons
Ardian bought a majority stake in France-based Revima from Argos Wityu last month
OpenGate carves out SMAC from Colas
US-based OpenGate also carved out the silicon carbide division of Saint-Gobain last month
Astorg inks first US deal with Anaqua
GP uses Astorg VII, closed last month on €4bn, to acquire a stake in software developer Anaqua
CM-CIC, BPI France back Hardis Group MBO
Up to 30 managers, led by Nicolas Odet and Yvan Coutaz, acquire stakes in Hardis
NPM Capital backs Suitsupply
NPM recommits to Netherlands-based fashion chain Suitsupply, having backed it in 2017
Ardian sells Citoxlab to trade in €448m deal
Sale price implies a 13.8x pro forma EBITDA multiple, based on Citoxlab’s latest results
GP Profile: Astorg
Managing partner Thierry Timsit discusses investment strategy, competition, ESG and political instability
Sofinnova et al. invest €20m in Afyren
France-based biotech business Afyren plans to commercialise its products in 2020